34 Langdale Avenue, Mitcham, Merton, Greater London, CR4 4AF

Terraced
1345 sq ft
1.4%
PROPERTY VALUATION
£
Last sold: October 2020
VALUATION RANGE
£763k - £819k
LOW OFFER | HIGH OFFER
PRICE CHANGE
£11,000
Percentage change: +1.4%
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £791k, we expect this property to be in very good condition based on its price per square foot.

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

34 Langdale Avenue, Mitcham is a terraced house spread over 1,345 square feet, making it one of the bigger properties here - it is ranked as the most expensive property* in CR4 4AF, with a valuation of £791,000.

Since it last sold in October 2020 for £780,000, its value has increased by £11,000.

If home improvements have been made, ensure you update the valuation.

UPDATE VALUATION
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Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £763k and £819k.

  • This property has increased in price by £11,000 since it last sold in 2020 - this equates to a 0.4% rise each year.
  • The property turned out to be a amazing investment for the previous owner - returning on average 45.7% per annum.

  • 30 terraced houses have sold at an average price of £444,974 in CR4 4 over the last 12 months.

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Sale history

The most paid for a property in Langdale Avenue, CR4 4AF was £780,000 in 2020.

Date Price Change
Today's value* £791,000 1.4%
20 Oct 2020 £780,000 50.0%
23 Sep 2019 £520,000 -

The local market - CR4 4AF

  • The average property value here is £493,000.
    • Valuations range from £257,000 to £791,000.
    • Expect to pay £361 to £488 per square foot to live in CR4 4AF depending on the property's condition and size of its garden.
  • 5 properties have sold in CR4 4AF over the last 5 years.
  • Langdale Avenue has 4 postcodes associated with it.
    • The average price of property in Langdale Avenue is £506,875.
    • Property in Langdale Avenue typically sells for between £366 and £494 per square foot.
    • Properties in Langdale Avenue are currently valued at an average cost per square foot of £430.
1.4%
This property has increased in price by 1.4% since it last sold 3 years ago
61%
This property is 61% more expensive than average in Langdale Avenue, CR4 4AF
  • At a sale price of £791k, we expect this property to be in a substantially better condition than the neighbouring properties in the road.
  • This property has a higher cost per square foot than other properties in the road, which is why we think it is more likely to be in good condition.

    This can be caused by it having recently been refurbished to a high standard although it could also be because the property has more appealing architecture, a bigger garden, more parking spaces or a garage etc.

  • At a valuation of £791k this property has a cost per square foot of £588 - this is substantially more than the average for the area (which is currently £430).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £578k. For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.
  • We use survey data provided by RICS qualified surveyors to obtain the property's size. This is calculated in a slightly different way to how an estate agent will measure a property as it only includes habitable space.
  • To calculate the price per square foot, you divide the property's sale price by its total square footage.
Prices start at:
£257k
Average house price:
£493k
Most expensive:
£791k
34 Langdale Avenue, Mitcham is a terraced house with 1,345 square feet of internal space.
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Valuation details

The most likely sale price is £791,000 but at the lower end we think it should fetch a minimum of £763,000.

On a cost per square foot basis, this property is valued at 38% more than the other houses in this postcode.

A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £910,000.

UPDATE VALUATION
Investment Performance
Annual change: 45.7%

The previous owner had the property for 1 year, having purchased it in September 2019 for £520,000.

During this time, the price rose by £260,000 (50%), which equates to it increasing in value by 45.7% each year.

The property turned out to be a amazing investment for the previous owner.

The two most recent sales have been recorded as a non-residential transactions. This could be because a commercial mortgage was used, the property was repossessed or the owner extended the lease etc.

PropertyValuation
24 Langdale Avenue, Mitcham, Merton, Greater London, CR4 4AF 24 Langdale Avenue, Mitcham
3 bed | 958 sq. ft.
£407,000
58 Langdale Avenue, Mitcham, Merton, Greater London, CR4 4AF 58 Langdale Avenue, Mitcham
3 bed | 969 sq. ft.
£426,000
56 Langdale Avenue, Mitcham, Merton, Greater London, CR4 4AF 56 Langdale Avenue, Mitcham
5 bed | 992 sq. ft.
£510,000
84 Langdale Avenue, Mitcham, Merton, Greater London, CR4 4AF 84 Langdale Avenue, Mitcham
3 bed | 1550 sq. ft.
£634,000
34 Langdale Avenue, Mitcham
1345 sq.ft.
£791,000

How does this property compare?

  • Most likely sale price: £791,000.
    • Cost per squre foot: £587 (at a valuation of £791,000)
    • The average cost per square foot for this postcode is £425.
  • Freehold terraced house.
    • 1,345 square feet.
    • 18% bigger than the average property in this postcode.
    • 61% more expensive than the average here.
  • Property energy rating: 66 (max. score 100).
    • This is above average for this postcode.

The property market across CR4 4

  • The average price paid for a terraced house in the area CR4 4 over the past year is £445k.
  • Terraced houses have been selling for £483 per square foot across CR4 4.
  • 30 terraced houses have sold over the last 12 months (in the area coverring CR4 4).
What does it cost to live in this area?

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings
Recent sales in the surrounding roads
Searching for recent sales near here

* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 29/02/2024 - this was released on the 28/03/2024.